Average yields on Philippine treasury bills fell at Monday’s auction, reflecting the Bangko Sentral ng Pilipinas’ recent quarter-point cut to its benchmark interest rate. The move signals easing borrowing costs for both the government and private sector amid a supportive macroeconomic backdrop.
Just hours after the US Supreme Court struck down his global tariff regime, President Donald Trump did what markets have come to expect and went bigger.
The USD Supreme Court on Friday struck down the sweeping global tariffs imposed last year by President Donald Trump, delivering a body blow to a central pillar of his economic agenda.
Independent Commission for Infrastructure chairman Andres Reyes Jr., the former Court of Appeals presiding justice once known for slicing through case backlogs with quiet efficiency, is now helping build a new kind of remedy for bureaucratic gridlock.